The Biopharmaceutical Industry Provides 75% Of The FDA's Drug Review Budget -- Is This A Problem?

The Biopharmaceutical Industry Provides 75% Of The FDA's Drug Review Budget -- Is This A Problem?

Source: 
Forbes
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Caroline Chen of ProPublica has written a provocative article challenging the objectivity of the FDA in its approval of new drugs. Entitled: “FDA Repays Industry by Rushing Risky Drugs to Market”, Chen contends that the agency is beholden to the biopharmaceutical industry which pays three quarters of the FDA’s budget used for the drug review process.